Is the speech by Fed Chairman Powell good or bad?

His comments were all neutral, and he said that on September 19, the interest rate would be cut by 50 basis points, bringing inflation to a "basic balance" level. I did not see any bad news in Powell's comments, nor did he see any good news for the market.

But I think the Fed has started a wave of interest rate cuts and will continue to cut interest rates. The cycle will last for more than a year. The market will continue to see good news in October. Let's wait and see!

You can sleep peacefully, my friends. Good night and sweet dreams!

I am a trader - Changjiang. I love you, just like I love myself❤️

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